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1 bed property, in Marconi House, £117,000
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1 bed flat

Marconi House, City Road, Newcastle Upon Tyne, NE1
£117,000

Our Summary

  • * ONE BEDROOM MANHATTAN STYLE APARTMENT IN CENTRAL LOCATION * Sold with a tenant in situ until January 2026 at £850 pcm this is an ideal investment opportunity

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Description

This one-bedroom apartment in Marconi House is an ideal investment opportunity, currently tenanted until January 2026 at £850 per month. The apartment benefits from lift access and is situated in a central location with easy access to local amenities, bars, restaurants, and transport links. The property features an open-plan kitchen/living area with a Juliet balcony, bedroom, and bathroom.

The apartment is leasehold with a remaining term of approximately 105 years and an annual service charge of £1460. The property has a ground rent of £175 per annum, which is reviewed every 25 years. The apartment is connected to mains sewerage, water, and electricity, but does not have a gas supply.

There is no parking available with the apartment, but an EWS1 form is available for any prospective buyers who may want to install a charge point for an electric vehicle. Cladding remedial works have been carried out.